Following quite a while of steadiness, unpredictability came back to Bitcoin today morning when it lost around 5% of significant worth in only 30 minutes time. The drop, which represented more than $400, was one of the biggest plunges experienced since weeks. The other real coins including Ethereum and Ripple likewise endured a shot as the slide proceeded. The information as accessible on coinmarketcap.com states that Ethereum was around 9% while Ripple was around over 10%.
The value of Bitcoin was hovering at about $6,535 before the 30-minute slide started. The value was down by 5.2% to $6,191 within next half an hour. The value of Ethereum, which had been hovering at about $220 was down to $206 and further plunged to $198. Ripple, on the other hand, was down to $0.402.
In some three hours, about $13 billion was wiped out from the entire cryptocurrency market. The Bitcoin is currently hovering at $6,157.71, Ethereum at $199 and XRP at $0.40.
Many cryptocurrency enthusiasts have been thinking that the year 2018 could possibly bring some good prospects to the world of cryptocurrency owing to certain regulation and standardization that had to go through the governments.